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Shares plunge in fresh sell-off

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  • #1

    Shares plunge in fresh sell-off

    AUSTRALIAN shares have plunged in early trade with the big banks leading losses after US stocks dived late last week.

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  • #2
    Banks hit hard as share market falls

    NERVOUS investors wiped off $38.5 billion, or almost 3 per cent, from the value of the local share market today amid heavy selling, particulary of bank stocks, over concerns about rising borrowing costs and growing evidence of a looming US recession.

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